China Lodging Group (HTHT) Tops Q1 EPS by 8c, Revenues In-Line

China Lodging Group (NASDAQ: HTHT) reported Q1 EPS of $0.33, $0.08 better than the analyst estimate of $0.25. Revenue for the quarter came in at $230.76 million versus the consensus estimate of $230.08 million.

• A total of 3,336 hotels or 335,900 hotel rooms in operation as of March 31, 2017.
• Net revenues increased 10.8% year-over-year to RMB1,593.1 million (US$231.4 million) 1 for the first quarter of 2017.
• Adjusted EBITDA (non-GAAP) increased 35.5% year-over-year to RMB373.5 million (US$54.3 million) for the first quarter of 2017.
• Net income attributable to China Lodging Group, Limited was RMB148.1 million (US$21.5 million) for the first quarter of 2017, compared with RMB69.4 million for the first quarter of 2016.
• Basic earnings per ADS2 were RMB2.13 (US$0.31) and diluted earnings per ADS were RMB2.06 (US$0.30) for the first quarter of 2017. Excluding share-based compensation expenses, adjusted basic earnings per ADS (non-GAAP) were RMB2.35 (US$0.34) and adjusted diluted earnings per ADS (non-GAAP) were RMB2.28 (US$0.33) for the first quarter of 2017.
• The Company provided guidance for Q2 2017 net revenues growth of 10% to 12%.

For earnings history and earnings-related data on China Lodging Group (HTHT) click here.

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